The Trump administration implemented stricter underwriting standards earlier this month. An earlier set of tightened rules in 2025 appears to have contributed to a decrease in loan volumes.
John Reosti is a Community Banking Reporter at American Banker. He covers the financial services industry with a focus on community banks, the Small Business Administration, and the National Credit Union Administration Board, while also addressing issues related to the CECL accounting standard. John has been featured in publications such as The Bond Buyer, Financial Planning, and Yahoo Finance.